How do I convert the coordinate data from osm into actual longitude latitude points

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So I've imported a osm dataset into a PostGIS db using osm2pgsql, however when I call

ST_asText( way )I get weird coordinates like

"POINT(16767838.9 -4051592.94)"What format are these longitude latitude points? How do I convert them to I guess "normal" longitude latitude points like

"lat":-36.51985035227977,"lng":148.04298681640626

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